HUB24 FY25 earnings: record profit, inflows and higher dividend

HUB24 delivered record FY25 results with strong inflows, higher profits, and a 47% bigger dividend.

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The HUB24 Ltd (ASX: HUB) share price is in focus after the company posted record FY25 financial results, with underlying EBITDA climbing 38% to $162.4 million and statutory NPAT surging 68% to $79.5 million. The board declared a fully franked final dividend of 32 cents per share, bringing the full-year payout to 56 cents — up 47% on FY24.

What did HUB24 report?

  • Underlying Group EBITDA: $162.4 million, up 38% on FY24
  • Statutory NPAT: $79.5 million, up 68% on FY24
  • Total revenue: $406.6 million, up 24% on FY24
  • Total Funds Under Administration (FUA): $136.4 billion, up 30% on FY24
  • Annual platform net inflows: record $19.8 billion, up 25%
  • Full year dividends: 56 cents per share, fully franked, up 47% on FY24

What else happened in FY25?

HUB24 continued its strong streak in the platform market, ranking first for net inflows for six consecutive quarters and growing its market share to 8.7% as at 31 March 2025. The number of active advisers rose 13% to 5,097, while 143 new distribution deals expanded HUB24's reach.

The company invested in new solutions, including an award-winning advice fee consent tool, expanded reporting capabilities, and the launch of HUB24 Private Invest for high net worth clients. HUB24 also boosted its Tech Solutions segment, with Class reporting its largest annual increase in accounts since FY20 and NowInfinity ranked first for innovation in legal document solutions.

What did HUB24 management say?

Commenting on the result, HUB24's Managing Director & CEO Andrew Alcock said:

Our strong financial performance during FY25 has delivered Underlying Group EBITDA of $162.4 million – up 38% and a fully franked final dividend of 32.0 cps resulting in total FY25 dividends of 56.0 cps, up 47%.

We're proud to again be recognised as Australia's best platform and remain committed to empowering better financial futures for more Australians. Our integrated approach – combining platform, technology and data solutions – together with our commitment to innovation and customer service excellence, has delivered another year of industry-leading platform net inflows. We are building on this momentum to deliver sustainable growth and long-term value for our customers and shareholders.

What's next for HUB24?

HUB24 sees strong momentum across all business areas and expects further growth into FY26. The company is targeting a Platform Funds Under Administration range of $148–$162 billion for FY27, not including PARS FUA.

The company's strategy focuses on delivering integrated platform, data, and technology solutions, aiming to lead the Australian wealth industry while continuing to invest in product innovation and customer service.

HUB24 share price snapshot

The HUB24 share price strongly has outperformed the S&P/ASX 200 Index (ASX: XJO) over the past year. Specifically, it has risen a staggering 115%, compared to 12% for the ASX 200 Index. 

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Hub24. The Motley Fool Australia has recommended Hub24. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

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